April 14, 2025 1:43 pm
Key moments Hong Kong’s Hang Seng Index gained more than 500 basis points on Monday, rising 2.40% to 21,417.40. Major benchmarks in the Asia-Pacific region, including but not limited to the KOSPI and ASX 200 indices, also enjoyed gains. Recent modifications to the United States’ trade policies played a key role in this market rally. […]
Read moreApril 14, 2025 9:45 am
Key moments The German DAX rose on Monday, soaring 2.63% to 20,909.35. Europe’s STOXX 600 climbed by over 2% as well. Investor confidence was propelled by the Trump administration’s postponement of certain tariffs on technology imports from China. DAX and STOXX 600 Skyrocket Monday witnessed a significant upswing in European equity markets, with both the […]
Read moreApril 11, 2025 12:46 pm
Key moments US exports to China have been hit with a higher tariff of 125%. Nikkei 225 shed over 1,000 basis points on Friday, while the ASX 200 fell 0.82%. Korean stocks also dropped by 0.50%. The Hang Seng and SSE indices bucked this trend. The former gained 1.13%, while the latter rose 0.45%. Trade […]
Read moreApril 11, 2025 9:59 am
Key moments CarMax’s stock value declined on Thursday, falling 17% to close at $66.45. The company’s Q4 earnings report revealed figures that were not quite as high as what Wall Street was expecting. Notably, analysts had forecasted an EPS of $0.66, but the final figure stood at $0.58. CarMax CEO William Nash expressed optimism regarding […]
Read moreApril 11, 2025 7:16 am
Key moments US President Donald Trump increased Chinese duties further on Thursday, and the total rate now sits at 145%. The Dow Jones Industrial Average plummeted by 2.50%. The Nasdaq Composite and the S&P 500 fell 4.31% and 3.46%, respectively. US Markets Reel as China Tariffs Hits 145% Thursday saw the White House impose additional […]
Read moreApril 10, 2025 2:41 pm
Key moments Tesla’s share price experienced a significant downturn on Thursday, falling by 6.74% to $253.86. Investor sentiments turned pessimistic as existing 25% tariffs on the auto industry were not halted, and the US increased its levies on Chinese goods. Goldman Sachs reassessed its Tesla share price target, lowering it to $260. Tesla Shares Sink […]
Read moreApril 10, 2025 8:21 am
Key moments The Trump administration’s 20% tariff on goods from the European Union, along with most other duties higher than 10%, have been paused for 90 days. The anticipation of significant trade barriers being averted fueled substantial buying activity in Frankfurt, as the DAX index rose 8.23% on Thursday. The effects were also felt across […]
Read moreApril 10, 2025 7:17 am
Key moments The Dow Jones Industrial Average experienced a major rally, soaring by 2,963.86 basis points on Wednesday. The Nasdaq Composite and the S&P 500 also closed with gains. The former reached 17,124.97, while the latter achieved a 9.51% increase. Stocks rebound after it was announced that most US tariffs higher than the 10% baseline […]
Read moreApril 9, 2025 8:18 am
Key moments The S&P 500 experienced a significant 1.57% drop on Tuesday, and the index has lost $5.83 trillion of its market value in the past several days. Tuesday’s trading also concluded with widespread declines across the broader US stock market, with the Nasdaq 100, Nasdaq Composite, and Dow Jones indices falling. On Wednesday, US […]
Read moreApril 9, 2025 7:13 am
Key moments Market turmoil across the Asia-Pacific region saw the Taiwan Weighted Index (TAIEX) slide 5.79%, while the Nikkei 225 lost 3.65%. The Hang Seng, KOSPI, and ASX 200 indices also fell. Mainland China’s Shanghai Stock Exchange (SSE) index bucked global sentiments, achieving gains of 1%. The broad imposition of Trump’s tariffs on Wednesday impacted […]
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